STANBIC Bank Zimbabwe has posted a 15 percent increase in profit to $23.9 million for the year ended 31 December 2015, up from $ 20.7 million in 2014. The surge in profit was driven by net interest income, which at $42.8 million, grew by 11 percent from 2014 on the back of the additional short term investments and lending assets, which were written during the year.

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